HB4560 - 104th General Assembly (2025-2026)
TREASURER-PRESENTMENT WARRANTY
Last Action
2/17/2026 - House: Assigned to State Government Administration Committee
Hearings
State Government Administration Committee Hearing Feb 25 2026 2:00PM Stratton Building Room C-1 Springfield, IL
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer may bring a claim against a warrantor of a draft for breach of a presentment warranty to recover State funds in accordance with the Uniform Commercial Code. Provides that a claim brought by the State Treasurer is not subject to the limitations provided for in those provisions of the Uniform Commercial Code. Provides that the amendatory changes are declaratory of existing law. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/23/2026 | House | Filed with the Clerk by Rep. Michael J. Kelly |
| 1/30/2026 | House | First Reading |
| 1/30/2026 | House | Referred to Rules Committee |
| 2/17/2026 | House | Assigned to State Government Administration Committee |